1 Pfennig

Weiden in der Oberpfalz issued its own fractional paper currency in 1920 under the broader wave of German municipal Kleingeldscheine — emergency small-change notes produced to address the chronic coin shortage that persisted well after the Armistice. By this point the Reichsbank had essentially abandoned responsibility for low-denomination coinage, leaving city councils, merchants, and even private firms to fill the gap themselves.

Printed locally by Druckerei N.K.L., this 1-Pfennig piece sits at the very bottom of the emergency currency denominations — practically worthless even at issue, yet necessary. The Graumann reference W18.5 places it within a documented Weiden series, suggesting the Stadtrat issued multiple values simultaneously.